| Home Gain Survey 2011 |
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A National Home Gain Survey (2011) shows that the top four ROI (Return On Investments) for property improvement are staging related items. 1. Clean and De-clutter = 586% ROI - 99% of Agents Recommend 2. Lighten and Brighten = 313% ROI -97% of Agents Recommend 3. Staging the home = 299% ROI - 80% of Agents Recommend 4. Landscaping = 258% ROI - 93% of Agents Recommend These top 4 are followed by: 5. Repairs of Electrical or Plumbing =181% ROI - 92% of Agent Recommend 6. Replacing Flooring = 169% ROI - 98% of Agents Recommend 7. Interior and Exterior Painting =109% / 51% respectively ROI with 96%/81% Agents Recommend 8. Repairing Damaged Flooring =107% ROI - 93 % of Agents Recommend 9. Updating Kitchens and Baths = 172% ROI - 75% of Agents Recommend The Drop in ROI for the last items is significant, showing clearly that the best investment in keeping the highest equity is in fact the staging, because staging related items are mostly sweat equity, creativity and not expensive to implement. Also the last 5 items are ones that should be maintained during your stay in the home. These updates are required to keep your property at current market value compared to any selling competition you may have. These are maintenance points that all homes need to consider every few years. This is good news for sellers who want to spend a nickel to get a dollar back! For more information on Preparation for Staging and Selling see www.stageandsell.ca or call us at 780.452.4527 simply irresistible interiors inc. Western Canada’s Leading Home Staging Company Copyright© 2012 by Jill Gargus.
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